Replies to post #17959 on Innovative Food Holdings Inc (IVFH)

[Dickmo]

Seems positive because it is. This is Sam doing what Sam does best. Sam has a history of success dealing with the company's debt and equity holders, other than the retail public. He effectively rescued the company from the disaster that was the previous CEO. Sam is not without a skill set. He has proven himself a capable financial negotiator. This is just another example.

He just took 2.2 million share, or about 6.5% out of the fully diluted share count without spending a dime (beyond some legal fees that won't be cheap). Looked at as a singular action, it is very positive. The open question, however, remains Sam long term strategy.

[Amigo Mike]

Mattys,

Mainly would be considered very positive having reduced the potential dilutive effect by a couple million shares.

But there is usually more to the story ..... and what I see is those warrants having an exercise price of $0.575 and basically expiring this month ...... soooooooooo ....... decision time for the warrant holder.

With the stock price generally right at the exercise price recently, those warrants could have been left to expire virtually worthless ..... but the investor got 250,000 shares instead to "exchange" the warrants.

Probably a decent move overall.
Amigo Mike